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Loan Modification
: Mortgage Lender Implode-o-MeterObama's Micro-Mismanagement of HAMP Equates to "Can-Kicking Stupidity"
By Implode-Explode Heavy Industries
When a program is badly flawed and not working, the rational thing to do is scrap it. Given that HAMP (Obama's Home Affordable Mortgage Program), is a complete failure, someone thinking clearly would kill the program.
Instead, president Obama, acting like the typical bureaucrat, wants to massively expand it.
Full post as published by Mortgage Lender Implode-o-Meter on February 26, 2010 (boomark / email).
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